Toitware ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Toitware ApS
Toitware ApS (CVR number: 38984594) is a company from AARHUS. The company recorded a gross profit of 2453.8 kDKK in 2022. The operating profit was -2464 kDKK, while net earnings were -1802.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -11 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Toitware ApS's liquidity measured by quick ratio was 5.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 113.79 | 1 129.13 | 2 359.48 | 2 595.22 | 2 453.82 |
EBIT | - 124.94 | -5 149.65 | -6 152.54 | -6 505.09 | -2 463.96 |
Net earnings | - 126.24 | -4 090.87 | -4 080.27 | -4 494.67 | -1 802.68 |
Shareholders equity total | 506.17 | 19 449.73 | 16 381.49 | 17 386.87 | 15 533.70 |
Balance sheet total (assets) | 633.33 | 21 442.89 | 19 583.45 | 24 076.38 | 21 572.67 |
Net debt | - 294.99 | -14 762.48 | -5 699.91 | -4 865.03 | -2 685.10 |
Profitability | |||||
EBIT-% | |||||
ROA | -19.7 % | -46.7 % | -30.0 % | -29.8 % | -10.8 % |
ROE | -24.9 % | -41.0 % | -22.8 % | -26.6 % | -11.0 % |
ROI | -21.2 % | -48.8 % | -31.8 % | -31.9 % | -11.3 % |
Economic value added (EVA) | - 124.94 | -4 023.97 | -2 939.17 | -4 498.83 | -1 656.71 |
Solvency | |||||
Equity ratio | 79.9 % | 90.7 % | 83.6 % | 72.2 % | 72.0 % |
Gearing | 16.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 18.2 | 6.4 | 5.7 | 5.2 |
Current ratio | 3.3 | 18.2 | 6.4 | 5.7 | 5.2 |
Cash and cash equivalents | 377.78 | 14 762.48 | 5 699.91 | 4 865.03 | 2 685.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | A |
Variable visualization
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